TRADE IDEA: UVXY JUNE 17TH 10/13 SHORT PUT VERTICAL
Since I have a "virtual gaggle" of VXX trades on, I'm turning my attention to UVXY setups (in spite of its warts) to go long volatility here.
Metrics:
Probability of Profit: 64%
Max Profit: $120/contract
Max Loss/Buying Power Effect: $180/contract
Notes: The mid price for this setup is $115, but bid/ask is wide in this instrument, so I'd putz with a fill above mid, particularly since price may back into the setup from where it's currently at (17.03). Look to take the money and run at 50% max profit ($60/contract) should you get filled.
Metrics:
Probability of Profit: 64%
Max Profit: $120/contract
Max Loss/Buying Power Effect: $180/contract
Notes: The mid price for this setup is $115, but bid/ask is wide in this instrument, so I'd putz with a fill above mid, particularly since price may back into the setup from where it's currently at (17.03). Look to take the money and run at 50% max profit ($60/contract) should you get filled.
Not
Filled for a $120. Could have gone for more, but got filled fairly immediately at open.Not
Closed for a small profit on this pop.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.